Today's Top 20 Health Finance Articles
  • Sen. Elizabeth Warren 'deeply concerned' over Steward Health Care's finances

    Massachusetts Senator Elizabeth Warren has continued to express worry over Dallas-based Steward Health Care's ongoing financial difficulties. 
  • HCA posts $5.2B profit in 2023: 7 details

    Nashville, Tenn.-based HCA Healthcare saw revenues of $17.3 billion in the fourth quarter of 2023, up from $15.5 billion over the same period in 2022, according to its financial report released Jan. 30. 
  • Wisconsin doubled the number of hospitals in the red last year

    The financial challenges for many Wisconsin hospitals worsened over the last year, according to Eric Borgerding, president and CEO of the Wisconsin Hospital Association.
  • 6 steps for ASCs to collect patient payments earlier + faster

    The earlier ASCs collect patient payments, the better. Learn how to collect patient payments earlier + faster in 6 steps here.
  • Hospitals' operating margin reset

    Nonprofit Hospitals' operating margins are far below the pre-pandemic "magic number" of 3% and are in danger of a permanent reset in the 1%-2% range, according to a Jan. 29 report published by Fitch Ratings.
  • How Your Organization Can Reduce Denials in 2024

    Healthcare providers are experiencing a massive surge in denials and write-offs that seriously impact the organization’s financial stability. But there are steps your organization can take now to reduce their likelihood in 2024.
  • 4 more Arkansas hospitals awarded federal funds

    Nearly all of the $60 million in federal COVID-19 relief funds Arkansas earmarked has been committed after four more hospitals were approved for funding, the Arkansas Democrat Gazette reported Jan. 26. 
  • Medical Mutual to buy ProMedica's insurance business

    Toledo, Ohio-based ProMedica is selling its insurance subsidiary, Paramount Health, to Medical Mutual of Ohio. 
  • Simplify the complexity of Medicare claims

    Minutes turn into hours while managing Medicare claims. Learn how to simplify the process by automating your billing management here.
  • HSHS hospital closing earlier than planned

    Chippewa Falls, Wis.-based St. Joseph's Hospital, part of Springfield, Ill.-based Hospital Sisters Health System, is reportedly closing sooner than planned, WEAU reported Jan. 26.
  • No bailout for Steward, Massachusetts governor says

    Massachusetts Gov. Maura Healey said Steward Health Care is "not going to be bailed out," amid the Dallas-based system's financial troubles, NPR affiliate WBUR reported Jan. 27.    
  • Texas hospitals hit hard by bankruptcies, closures

    Hospital bankruptcies spiked in 2023 with 12 filings compared to a total of 11 filings in the previous three years combined. Three of those bankruptcy filings were by hospitals in Texas, with another four hospitals in the state either closing or sharing plans to close as inflation, staffing shortages and other financial headwinds continue to challenge healthcare providers. 
  • UCLA Health acquiring Los Angeles HCA hospital

    Los Angeles-based UCLA Health's request to acquire Los Angeles-based West Hills Hospital and Medical Center has been authorized by the University of California Board of Regents.
  • Flurry of prior authorization reform bills introduced at state level, AMA says

    State legislatures have introduced more than 70 prior authorization bills during their current legislative sessions, American Medical Association President Jesse Ehrenfeld, MD, said. 
  • 10 things to know about Steward Health Care

    Dallas-based Steward Health Care has seen a troubled start to 2024.
  • Hospital profitability across the US: 20 statistics

    Nonprofit hospital operating marings soared last year, increasing 20% January to November of 2023 as compared to the same period in 2022, according to Kaufman Hall's "National Hospital Flash Report," published Jan. 9.
  • Tufts Medicine trims operating loss by 57%; new CFO taking over in February

    Boston-based Tufts Medicine reported a $171 million operating loss in the fiscal year ending Sept. 30, a 57% improvement on the $399 million loss it posted in the previous year, according to financial documents published Jan. 26. 
  • Task force created over HSHS/Prevea hospital closures

    The Eau Claire Chamber of Commerce has created an HSHS/Prevea Recovery Task Force after Springfield, Ill.-based Hospital Sisters Health System decided to close two hospitals and regional health centers it operates with Green Bay, Wis.-based Prevea Health, the Leader-Telegram reported Jan. 26.
  • Inova vents prior authorization concerns to CMS chief

    Listening to his colleagues discuss the challenges of prior authorization with CMS Administrator Chiquita Brooks-LaSure was "sobering and a little bit troubling," Inova Health CEO J. Stephen Jones, MD, told Becker's. 
  • Steward aims to offload 4 hospitals

    Dallas-based Steward Health Care is looking to sell four of its 9 Massachusetts hospitals amid continued financial difficulties, WCVB reported Jan. 26.
  • Beth Israel Lahey cuts annual operating loss by 34%

    Cambridge, Mass.-based Beth Israel Lahey Health reported a $131.2 million operating loss for the year ended Sept. 30, a 34% improvement on the $199.5 million loss it recorded the previous year.
  • Missouri hospital operator lays off CEO, delays reopening plans

    Mexico, Mo.-based hospital operator Ziva Medical has laid off about 30 employees, including its CEO Amanda Shurtz, and paused plans to reopen two community hospitals, The Mexico Ledger reported Jan. 24. 

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